ANNUAL GENERAL MEETING 29 APRIL 2019 Agenda Financial Highlights - - PowerPoint PPT Presentation

ANNUAL GENERAL MEETING – 29 APRIL 2019

Agenda

• Financial Highlights
• Updates on Petaling Street Residences
• Acquisition of Mantanani Island Resort in Sabah

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A2 161,952 87,159 110,325 99,981 31,929 316 96,643 13,424

• 20,000

40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 FY2015 FY2016 FY2017 FY2018

S$'000 Overall Performance

Segment revenue Profit before tax

Financial Highlights

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A3 53,716 62,704 74,729 78,639 (392) 7,624 17,592 19,213 FY2015 FY2016 FY2017 FY2018

S$'000 Hospitality Business Performance

Segment revenue Profit/(loss) before tax

Financial Highlights

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• Pacific Sutera Hotel and Magellan

Sutera Resort achieved higher average room rates and improvement in banqueting business in FY2018

• Despite increased competition from

new hotels in Kota Kinabalu, the hotels continued to achieve record revenue

• f

S$79M and PBT

• f

S$19.2 million for the third year running (FY2016 to FY2018)

S$’000 FY2016 FY2017 FY2018 Revenue 62,704 74,729 78,639 PBT 7,624 17,592 19,213

Hospitality Business Performance

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Description of award Recipient(s) April 2019 Asia Pacific Travel & Tourism Federation (APTTF Annual Awards 2019)

• The Best Luxury Family Retreat Resort Award
• The Best Family Retreat Destination Award
• The Best Golf Resort in Malaysia

The Magellan Sutera Resort The Pacific Sutera Hotel Sutera Harbour Marina & Country Club April 2019 Industry Excellence in Hospitality (Sabah Top Achievers Award 2019) Sutera Harbour Resort March 2019 HotelsCombined 2018 Recognition of Excellence The Pacific Sutera Hotel June 2018 Malaysia Best Employer Brand Award 2018 Sutera Harbour Resort March 2018 2018 Global Marina Accreditation by Marina Industries Association, Australia Sutera Harbour Marina & Country Club March 2018 2017 Golf Circle Award Winner The Magellan Sutera Resort February 2018 CTRIP Travelers’ Top Spots 2017 Best Food & Beverage Hotel The Magellan Sutera Resort November 2017 CTRIP Best Supporting Hotel Award 2017 The Pacific Sutera Hotel and The Magellan Sutera Resort October 2017 7th Asian Lifestyle Tourism Awards 2017 Beach Resorts The Magellan Sutera Resort and Sutera Harbour Marina & Country Club July 2017 Sabah Emergency Response Team Competition 2017 by Fire & Rescue Department of Malaysia-Sabah/Bomba Sabah 2017 The Pacific Sutera Hotel and The Magellan Sutera Resort April 2017 Malaysia Best Employer Brand Awards 2017 Sutera Harbour Resort

Recent Awards & Achievements

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33,493 (3,221) 94,664 8,817 FY2015 FY2016 FY2017 FY2018

S$'000 Profit/ (Loss) Before Tax

• 18,816

21,342 108,236 24,455 16,780

• FY2015

FY2016 FY2017 FY2018

S$'000 Revenue

Segment revenue - Singapore Segment revenue - Malaysia

Property Business

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• FY2018 revenue of S$21.3 million (compared to

S$35.6 million in FY2017)

• Sales

from Coral Bay will be progressively recognised over the development period of the project, possibly from FY2019.

• Generated PBT of S$8.8 million, as compared to

S$94.7 million in FY2017, in the absence of the disposal gain of S$74.5 million from the sale of its entire investment in Plaza Ventures Pte Ltd

Revenue and PBT from Malaysia up 13.3% (from S$18.8mil to S$21.3mil) and 52% (from S$2.4mil in S$3.6mil) in FY2018

Property Business

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• In FY2018, our associated company in China, which owns and operates one fo the

largest food logistics and warehousing hubs in Zhengzhou in Henan Province, continued to reap good returns for the Group, amounting to PBT contribution of S$6.7 million.

Henan Zhongyuan

UPDATES ON PETALING STREET RESIDENCES

PASAR SENI LRT & MRT STATION KLCC 118 TOWER/ STADIUM MERDEKA/ STAIDUM NEGARA KL TOWER KL BUTTERFLY & BIRD PARK NATIONAL MONUMEN T BUKIT BINTANG

SITE

Birds eye view of building

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Petaling Street Residences

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Content

• Development Data
• Project Timeline
• Design & Floor Plan

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Development Data

Project Data | Planning Perimeters

Site Area : 3.44 acres/ 13,938 m2 Allowable Plot Ratio : 14 Maximum Allowable GFA : 195,132 m2

Based on Approved DO Total GFA (B) 194, 890. 95 m² / 2, 097, 788.73 ft² Total SFA (A) 167, 831.16 m² / 1,805, 005.30 ft² Efficiency (A/B) 86.06 % Number of floors 70 Floors + 1 Basement + 1 Lower Ground Number of Units 1889 units Units/Floor 35 units Number of lifts 14 nos + 2 bomba lift + 1 service lift Building Height 243.15 m Carpark Count Requirement: 2120 Available: 2131

Development Data

Unit Mix

Type Size nos. % Type A (1 BR) 58 - 61 m2 (624 – 657 ft2) 534 28.3 46.7 % SMALL UNIT Type B (1 BR) 61.1 - 72 m2 (657 – 775 ft2) 348 18.4 Type C (2 BR) 84 - 88 m2 (904 - 947 ft2) 631 33.4 53.3 % BIG UNIT Type D (2 BR + Study/ 3 BR) 106 - 157 m2 (1,141 - 1,690 ft2) 164 8.7 Type D (Dual-key) 156 m2 (1,681 ft2) 159 8.4 Duplex 116 - 293 m2 (1,248 - 3,154 ft2) 35 1.8 Penthouse 158 - 408 m2 (1,700 - 4,392 ft2) 18 1.0

• 6 numbers of Duplex units to be Dual-Key units.
• 159 units of Type D3 to be Dual-Key units.

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Perspective of Merdeka 118 Pasar Seni MRT Petaling Street

Site Location :

• 1. Located at the Heart of Chinatown, Jalan Petaling
• 2. Chinatown earmarked for major redevelopment and heritage

conservation

• 3. Major developments nearby such as Merdeka 118 & KL Tower acts

as a growth catalyst for the development

• 4. Excellent accessibility to LRT/ MRT (200m away)
• 5. A place of entertainment, culture, food and shopping

Design :

• 1. Tallest residential building in the area
• 2. Design with 360 degrees KL city view
• 3. 50m length Olympic size swimming pool at Podium Level 8
• 4. Rooftop Dipping pool with views to KLCC
• 5. Rooftop viewing deck and Sky Lounge
• 6. A variety of facilities
• 7. Full height curtain wall design

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Unique Selling Points (USP)

Description Targeted Timeline Targeted Sales Launch Q1 2020 Targeted Construction Commencement Q3 2019 Targeted Construction Completion 2025

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Project Timeline

Birds eye view of building Perspective from Jalan Balai Polis View of sky terrace View of rooftop dipping pool Birds eye view of roof

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Façade Design

Ground Flr (Main Entrance Lobby) Mezza- 7th Flr (Carpark Floors) 8th Flr (Facilities Floor/ Main Pool) 47th– 49th Flr (Sky Terrace) 63rd – 64th Flr (Duplex Units) 65th – 66th Flr (Penthouse Units) 67th Flr (M&E Flr/ Facilities) 68th Flr (Roof Terrace/ Pool) Roof Top (Viewing Deck) LG & B1 (Carpark Floors) 9th– 46th Flr (Typical Unit Floors) 50th– 62nd Flr (Typical Unit Floors)

Birds eye view of building

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Overall Section

4 10 1 1 2 3 5 7 8 6 9

Ground Floor Plan

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Floor Plan

Level 8- Facilities floor

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Floor Plan

1 2 1 3 4 3 4 5

47th Floor (Sky Lounge)

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Floor Plan

1 2 3 4 4 5 6 1

1. Kids Indoor Gym 2. Sky Lounge 3. Golf Simulator Area 4. AV Room 5. Snooker/ Darts 6. M&E Area

67th Floor (M&E and Facilities Floor)

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Floor Plan

69th Floor (Sky Lounge)

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70th Floor (Viewing Deck)

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Sky Lounge (Level 69)

68th Floor (Rooftop)

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Floor Plan

ACQUISITION OF MANTANANI ISLAND RESORT

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Location

Jetty Facing Sea View

Kota Kinabalu Mantanani Islands

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Mantanani Island Resort

Jetty Facing Sea View

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Mantanani’s Lobby And Chalets

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Exciting Activities

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• Acquired the former Viva Mantanani Island in Kota Belud, Sabah, Malaysia in December

2018

• Rebranded as Sutera@Mantanani Island Resort & Spa
• Located about 40km northwest from Kota Belud, a town just 80km from Kota Kinabalu.
• From the city, it is about one and half hours by car to Kota Belud, and a 30-minute boat

ride from Kota Belud jetty.

Mantanani Island Resort

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• Coveted for its powdery white beaches and crystal clear and turquoise waters, as well as

breath-taking views of Mount Kinabalu.

• 30 well-appointed rustic chalets.
• Excellent diving and snorkelling waters.
• On certain full-moon nights, bioluminescent plankton lights up the sea with its magical

bluish glow.

Mantanani Island Resort